(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks were little changed as investors absorbed positive consumer sentiment data and mixed results from industrial heavyweights GE and Honeywell. The Dow Jones industrial average was up 0.06 percent at 17,151.8, the S&P 500 was up 0.09 percent at 2,025.78 and the Nasdaq Composite was down 0.08 percent at 4,866.03.
** ALIBABA GROUP HOLDING LTD, $71.89, +0.15 pct
** YOUKU TUDOU INC, $24.9, +21.88 pct
Chinese online retailer Alibaba said on Friday it has offered to buy all of the shares of Chinese video streaming company Youku Tudou that it does not already own.
** WAFERGEN BIO-SYSTEMS INC, $1.0905, -24.27 pct
The genetic analysis provider said it expects to raise about $13.6 million in net proceeds from its public offering of units. The offering was priced at $1.00 per share, with each share of common stock coupled in units with a five-year warrant to purchase one share at $1.44 per share.
** GENWORTH FINANCIAL INC, $4.95, -9.84 pct
Klein Martin, the life and mortgage insurer’s CFO since May 2011, has resigned. He was replaced by Kelly Groh, controller and principal accounting officer.
** UNITED CONTINENTAL HOLDINGS INC, $55.86, -3.29 pct
The airline operator’s chief executive, Oscar Munoz, suffered a heart attack and is in a Chicago hospital, the Wall Street Journal reported on Friday. The company’s board is waiting to hear from doctors and Munoz’s family about the heart attack’s severity before deciding if an interim leader is necessary, the report said.
** NATUS MEDICAL INC, $43.5, +7.28 pct
The medical device maker said its Argentina unit signed a deal with the Ministry of Health of Venezuela to supply it medical equipment, supplies and services for three years. Natus expects pre-payments of about $69 million by the first quarter of 2016.
** TWITTER INC, $31.14, +4.81 pct
Former Microsoft Corp Chief Executive Steve Ballmer owns a 4 percent stake in the microblogging website operator, Bloomberg reported, citing an email from him. A Twitter account with the handle @Steven_Ballmer tweeted on Friday that Ballmer had bought the stake over the past few months.
** QUANTA SERVICES INC, $18.82, -28.20 pct
D.A. Davidson & Co cut the electric power, oil and gas contractor’s price target to $27 from $31. Credit Suisse also cut price target to $25 from $28 after the company lowered its third-quarter forecast.
** COVENANT TRANSPORTATION GROUP INC, $21.99, +10.01 pct
The trucking company reported a better-than-expected third quarter profit, helped by higher freight revenue. The company’s freight revenue rose 8.2 percent and average freight revenue per total mile increased 3 percent.
** KANSAS CITY SOUTHERN, $88.16, -10.04 pct
The U.S. railroad company reported lower-than-expected third quarter revenue, hurt by a 5 percent decrease in revenue per carload/unit due to strong dollar. Third-quarter profit also missed estimates.
** JOY GLOBAL INC, $16.18, -5.82 pct
BMO Capital Markets cuts price target on the mining equipment maker’s shares to $21 from $25. The brokerage said it expects continued revenue declines and margin pressure as mining customers curtail capital expenditure.
** HARSCO CORP, $10.91, +9.21 pct
The industrial services provider said it repaid $250 million notes due Oct. 15 and also said it expects third-quarter adjusted profit to top its own forecast.
** NAVISTAR INTERNATIONAL CORP, $13.78, -5.68 pct
Longbow Research cut rating on the truck and engine maker’s stock to “neutral” from “buy”, according to StreetInsider.com.
** UNIVERSAL DISPLAY CORP, $34.71, -11.66 pct
Goldman Sachs downgraded the television display maker’s stock to “neutral” from “buy” and cut price target to $40 from $50. “We expect OLED TV volumes to disappoint meaningfully in 2015-2016,” Goldman analysts write after removing the company from its Americas Buy List.
** SFX ENTERTAINMENT INC, $1.2099, +16.34 pct
CEO Robert Sillerman proposes to buy the electronic dance party promoter for $3.25 per share. Sillerman pulled the plug on a $5.25/share offer in August, citing a steep decline in the company’s share price.
** SPIRIT AIRLINES INC, $42.76, -14.58 pct
The U.S. airline said year-on-year fall in fourth quarter unit revenue was expected to be bigger than in the third quarter, hurt by pricing pressures. Morgan Stanley cut rating on the stock to “equal weight” from “overweight”, price target to $53 from $66. Raymond James cut its rating to “market perform” from “strong buy”.
** CEMPRA INC, $16.2799, -39.21 pct
The drug developer moved a step closer to approval of its lead antibiotic after the potential blockbuster was successful in a second late-stage trial in patients with a common bacterial infection.
** ZAFGEN INC, $12.01, -42.86 pct
The drug developer said the U.S. Food and Drug Administration has put a partial hold on the development of its obesity drug, two days after the drug developer reported the death of a patient during a late-stage study.
** 2U INC, $24.76, +4.52 pct
Goldman Sachs raised the cloud-based education services provider’s rating to “buy”, according to Streetinsider.com. Short-seller Citron Research said in note on Monday that 2U was “just a for-profit online education company that leverages other school’s brands”.
** MATTEL INC, $23.975, +6.41 pct
Analysts expect the toymaker’s results to improve in the fourth quarter after third-quarter revenue and profit missed estimates on Thursday. “Management sounded confident in its plan for turning around the company ... We think the pieces are in place for better results going forward,” BMO analyst Gerrick Johnson wrote in a note.
** WW GRAINGER INC, $207.09, -6.56 pct
The repair supplies distributor’s third quarter profit fell 17 percent due to costs related to closure of 26 branches in the United States and restructuring costs, mainly associated with payroll.
** HONEYWELL INTERNATIONAL INC, $96.61, -1.92 pct
The manufacturer of aerospace parts and climate control systems reported a better-than-expected quarterly profit as costs fell.
** SCHLUMBERGER LTD, $73.49, -3.51 pct
** HELMERICH & PAYNE INC, $55.56, -5.12 pct
** BAKER HUGHES INC, $53.45, -4.88 pct
** HALLIBURTON CO, $37.4, -4.74 pct
** NATIONAL-OILWELL VARCO INC, $38.76, -2.27 pct
** WEATHERFORD INTERNATIONAL PLC, $9.29, -7.65 pct
** NABORS INDUSTRIES LTD, $10.58, -6.45 pct
** PRECISION DRILLING CORP, $4.62, -6.29 pct
** PATTERSON-UTI ENERGY INC, $14.745, -7.84 pct
** BASIC ENERGY SERVICES INC, $4.01, -9.28 pct
Schlumberger, the world’s No.1 oilfield services provider, said it would cut more jobs and consolidate its manufacturing and distribution network as it did not expect a recovery in demand before 2017.
Oilfield services and equipment providers’ stocks down on the announcement.
** PTC THERAPEUTICS INC, $33.63, +5.95 pct
The drugmaker’s experimental muscle disorder drug failed to meet the main goal in a keenly watched late-stage study, but the company said data from all trials on the drug supported a U.S. marketing application. (Compiled by Kshitiz Goliya in Bengaluru; Editing by Maju Samuel)